Aterra Metals Inc.CSE: ATC

ATERRA Reports Totora Cu/Au Project Drilling Returns 284 m Grading 0.64% CuEq Including 180 m at 0.71% CuEq

· Issued by Aterra Metals Inc. via Newsfile

Toronto, Ontario--(Newsfile Corp. - July 16, 2026) - ATERRA Metals Inc. (CSE: ATC) (OTCQB: CSSCF) ("ATERRA") is pleased to report Phase I drill assay results from its Totora Cu/Au Project located in the Dos Amigo Mining District, 15 kilometres south of Tintina Mines' Domekyo Sulfurous development project.

Highlights

  • AFROD01 returned 284 metres grading 0.64% copper equivalent ("CuEq") from surface at the Frontera Cu/Au Deposit (0.41% Cu and 0.27 grams per tonne ("g/t") gold) 

    • including 180 metres grading 0.71% CuEq (0.48% Cu and 0.28 g/t Au)

    • including 70 metres grading 0.82% CuEq (0.56% Cu and 0.32 g/t Au)

  • ATOD01 returned 194 metres grading 0.41% CuEq (0.35% Cu and 0.11 g/t Au) collared on the Totora Porphyry

  • Drilling confirmed the presence of significant copper and gold mineralization at both the Frontera Deposit and nearby Totora Cu/Au Porphyry highlighting the potential of the Totora Cu/Au Project

Table 1 - Highlights of Totora Phase I Drill Assay Results

Drill Hole

From

To

Interval

CuEq

Cu

Au

Target

(metres)

(%)

(%)

(g/t)

AFROD01

0.0

284.0

284.0

0.64

0.41

0.27

Frontera

incl.

100.0

280.0

180.0

0.71

0.48

0.28

incl.

148.0

218.0

70.0

0.82

0.56

0.32

ATOD01

192.0

208.0

16.0

0.44

0.27

0.19

Totora

and

254.0

448.0

194.0

0.41

0.35

0.11

ATOR01

164.0

208.0

44.0

0.31

0.20

0.13

Totora

ATOR03

78.0

90.0

12.0

0.37

0.32

0.09

Totora

ATOR03A

72.0

88.0

16.0

0.38

0.34

0.08

Totora

and

180.0

210.0

30.0

0.48

0.15

0.33

ATOR04

56.0

68.0

12.0

0.48

0.23

0.26

Totora

ATOR04D

94.0

150.0

56.0

0.38

0.22

0.17

Totora

ATOR05

86.0

98.0

12.0

0.39

0.38

0.06

Totora

ATOR06

62.0

82.0

20.0

0.34

0.29

0.08

Algarrobilla

98.0

138.0

40.0

0.29

0.25

0.07

ATOD08

120.0

138.0

18.0

0.37

0.23

0.16

Totora

and

150.0

196.0

46.0

0.42

0.28

0.17

NOTES: Intervals were composited using a 0.25% CuEq cut-off grade including no more than 10-metres of internal sub-0.25% CuEq material. Intervals represent downhole lengths as insufficient data is available to estimate true widths. See "NI 43-101 Disclosure" section in this release for details on the CuEq grade calculation.

"The assay results from our Phase I drill program are impressive with drill holes confirming that both the Frontera and Totora copper-gold porphyries have the potential to host significant mineral resources," said Carl Hansen, CEO of ATERRA. "The Totora Project lies in the Dos Amigo Mining District which benefits from excellent regional infrastructure, low elevations and proximity to water. Considering these benefits, the District has seen significant interest with the recent Sumitomo / Gignac family investment in Tintina Mines, with their Domekyo Sulfurous development project, and Hot Chili's La Verde Cu/Au discovery. With all our drill assays returned, we will engage an independent consulting firm to prepare a 43-101 compliant mineral resource, comprising the Frontera, Totora and Clinton porphyries, and add the Totora Copper Gold Project to the list exciting developments in the Dos Amigo Mining District."

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